Sonoro Energy Ltd. (CVE:SNV – Get Free Report)’s stock price traded down 25% on Thursday. The stock traded as low as C$0.01 and last traded at C$0.01. Approximately 102,000 shares traded hands during mid-day trading, a decline of 36% from the average daily volume of 160,352 shares. The stock had previously closed at C$0.02.
Sonoro Energy Stock Performance
The company has a current ratio of 0.98, a quick ratio of 0.03 and a debt-to-equity ratio of 30.36. The stock’s fifty day simple moving average is C$0.02 and its 200 day simple moving average is C$0.03. The company has a market cap of C$3.61 million, a price-to-earnings ratio of -4.00 and a beta of -1.80.
Sonoro Energy Company Profile
Sonoro Energy Ltd. explores for, appraises, develops, and produces oil and gas resources in Southeast Asia. The company holds a 25% interest in the Selat Panjang Production Sharing Contract covering an area of approximately 940 square kilometers located in Riau province, Central Sumatra. The company was formerly known as Sonic Technology Solutions Inc and changed its name to Sonoro Energy Ltd. in July 2010. Sonoro Energy Ltd. was incorporated in 2000 and is based in Calgary, Canada.
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